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ICO Boom Over? August ICO Funding Figures Show 16-Month Low

September 12, 2018 by Priyeshu Garg at Altcoins, Blockchain, Business, Ethereum, Finance, News

New research data from Autonomous Research puts the total amount raised from ICOs last month at $326 million, the lowest figure in more than a year. A September 10, 2018 report by Bloomberg outlines a bleak ICO market hit by declining investment levels, which in turn may be fuelling an...

U.S. Federal Securities Laws Can Cover Cryptoassets Says American DOJ

September 12, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Crime, Finance, News, Regulation

In what has been tagged a first-of-its-kind ruling, a United States Judge has declared that the country’s federal securities legislation can be employed in prosecuting organizers of fraudulent cryptocurrency-linked investment schemes, reported Reuters on September 11, 2018. REcoin and Diamond ICO Organizers in the SEC Snare Per the report, United...

KuCoin Invests $3 Million in Aussie Crypto Exchange Bitcoin Australia to Expand its Market Down under

September 12, 2018 by Aisshwarya Tiwari at News

Singaporean cryptocurrency exchange, KuCoin is set to enter the Australian waters as it looks to expand its operations down under. Per a report by The Australian Financial Review on September 9, 2018, KuCoin has made an investment of $3 million in the Aussie exchange Bitcoin Australia. Along with this, the...

Cryptocurrency Custody Services are Missing a key Ingredient: Inheritance Clauses

Cryptocurrency Custody Services May Be the Best way to Safe Keep Cryptocurrencies

September 12, 2018 by Cindy Huynh at Altcoins, Bitcoin, Business, Commentary, Exchange, Finance, News, Regulation

Invault, a Shanghai-based blockchain startup believes that the removal of any human oversight when it comes to holding cryptocurrencies is the best way to ensure that the assets are secure and safe. According to The South China Morning Post’s article released on September 11, 2018, many cryptocurrency exchanges are aware...

Official launch of Liquid, a new Crypto Platform Opening up Liquidity for Crypto Markets Worldwide

September 11, 2018 by Guest Post at Press Releases

Liquid accessibility to bolster sector-wide liquidity. TOKYO, Japan, September 11, 2018 - Global fintech company Quoine has unveiled Liquid, a cryptocurrency one-stop trading portal, which will allow users to access a worldwide network of cryptocurrency exchanges. At launch, Liquid allows users to match trades across multiple transactions and cryptocurrencies. For example,...

U.S.: Legislation Realizes Bitcoin Is Harder To “Ban” Than They Thought

Chinese Cryptocurrency Traders Circumventing Bitcoin Trading Ban via Tether and VPNs

September 11, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Finance, News, Regulation

While the Chinese regulatory watchdogs have not failed to renounce their support over digital assets trading and crypto businesses in the region, investors still engage in the “forbidden act” using virtual private networks (VPNs) and the Tether stablecoin, reported the South China Morning Post on September 8, 2018. Crypto Traders...

China and Australia to Strengthen Blockchain Ties

September 11, 2018 by Cindy Huynh at Blockchain, Business, Finance, News, Regulation

A number of reputable Australian blockchain startups including Beam, AgriDigital, and Labrys, are currently visiting Shanghai to work on a trade mission led by Austrade and the Australian Digital Commerce. According to an article released on September 10, 2018, the Australian blockchain startups are in China to deepen their connection...

Citigroup to Issue Digital Asset Receipts to Bring Cryptocurrencies to Institutional Investors

September 11, 2018 by Aisshwarya Tiwari at Finance, Investment, News, Regulation

Even though the ongoing slump seems to have scaffolded the crypto markets, financial giants continue to test their mettle in the cryptosphere. Per a report by Business Insider published on September 9, 2018, Citigroup Inc. is fidgeting with a fresh idea to securely invest in cryptocurrencies in the form of...

Winklevoss Twins Announce U.S. Dollar-Backed Token Gemini Dollar

September 10, 2018 by Pratik Makadiya at Altcoins, Business, Exchange, Finance, News, Regulation

On September 10, 2018, Winklevoss twins’ cryptocurrency exchange Gemini announced the launch of a new stablecoin, pegged by the U.S. dollar, dubbed the Gemini Dollar. “Strictly Pegged” to US Dollars The Gemini Dollar (GUSD) is an infant stablecoin that is claimed to be strictly pegged 1:1 against the U.S. dollar...

Canada Urges Caution as no Cryptocurrency Exchange Guarantees User Security

Accredited Investors now Able to Hold Bitcoin in Registered Accounts in Canada

September 10, 2018 by Priyeshu Garg at Bitcoin, Business, Finance, Investment, News

Canada's first and only regulated bitcoin fund has now achieved mutual fund trust status enabling high-net-worth investors to hold bitcoin investments in their registered accounts. The fund includes registered retirement savings plans and tax-free savings accounts, First Block Capital announced in a September 10, 2018, press release. Canada Could Become...

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